The Gross Domestic Product (GDP) in Mozambique expanded 2 percent in the fourth quarter of 2018 over the previous quarter.
GDP Growth Rate in Mozambique averaged 1.48 percent from 2007 until 2018, reaching an all time high of 7.70 percent in the fourth quarter of 2007 and a record low of -3 percent in the second quarter of 2013. This page provides the latest reported value for - Mozambique GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mozambique GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.
GDP Growth Rate in Mozambique is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Mozambique to stand at 2.00 in 12 months time. In the long-term, the Mozambique GDP Growth Rate is projected to trend around 3.00 percent in 2021 and 3.40 percent in 2022, according to our econometric models.